View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
November 24, 2021updated 27 Apr 2022 11:45am

Halfaya Heavy Oil Field, Iraq

By Carmen

Halfaya is a producing heavy oil field located onshore Iraq and is operated by PetroChina Halfaya FZ-LLC. The field is located in block Halfaya Contract Area.

Field participation details

The field is owned by Ministry of Oil, Iraq, Petroliam Nasional, TotalEnergies and China National Petroleum.

Production from Halfaya

The Halfaya heavy oil field recovered 18.40% of its total recoverable reserves, with peak production expected in 2023. The peak production will approximately 392 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2076. The field currently accounts for approximately 7% of the country’s daily output.

Remaining recoverable reserves

The field is expected to recover 3,186.26 Mmboe, comprised of 3,186.26 Mmbbl of crude oil & condensate. Halfaya heavy oil field reserves accounts 7.28% of total remaining reserves of producing heavy oil fields globally.


Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy


Thank you for subscribing to Offshore Technology